Comment Text:
i0-001
COMMENT
CL-03680
From:
Sent:
To:
Subject:
Karl Hawson
Monday, January 25, 2010 2:37 AM
secretary
Leverage
I am in Australia but I have a Forex trading account with a US broker.
I am definitely opposed to reducing the current allowable leverage to 10:1. This is not in the best interest
of retail traders and will be opposed by most if not all traders world wide. Although it will not affect me
immediately as I will transfer my account from the US to a broker outside of the US, it may ultimately
work against my ability to generate an income from FX trading as most countries follow the US
eventually.
Karl Hawson
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